Declines R&D, share price and headcount
There were a few more interesting trends in the report. R&D expenditure, while still substantial, has been slowly falling over the past three years. Intel spent $5.7 billion on R&D last year, but $5.8 billion the year before and 5.9 billion in 2006.
Intel's share price has, perhaps surprisingly, under-performed both the Dow Jones technology index and the S&P 500 index since 2003.
Lastly, and perhaps because of this, Intel has reduced its headcount by over 10,000 in the last three years. "As of December 27, 2008, we had approximately 83,900 employees worldwide, with more than 50% of these employees located in the U.S. Worldwide, we had approximately 86,300 employees as of December 29, 2007 and 94,100 as of December 30, 2006," said the report.
